SPINDLETOP OIL & GAS CO

Spindletop Oil & Gas Co., an independent oil and gas company, engages in the acquisition, exploration, development, and production of oil and natural gas in Alabama, Arkansas, Louisiana, Oklahoma, New Mexico, and Texas. It also involved in the rental of oilfield equipment and commercial real estate leasing business. In addition, the company owns various miles of pipelines located in Texas, which are used for gathering natural gas, as well as transporting natural gas produced by the company and third parties. It holds approximately 57,562 gross acres land. The company sells crude oil and natural gas to oil and gas companies, brokers, pipelines, and distributors. Spindletop Oil & Gas Co. was incorporated in 1985 and is headquartered in Dallas, Texas.